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ARO Arricano Real Estate Plc

0.25
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Arricano Real Estate Plc LSE:ARO London Ordinary Share CY0102941610 ORD EUR0.0005 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.25 0.15 0.35 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Arricano Real Estate PLC Amendment to Loan Agreement (7503V)

16/04/2021 12:00pm

UK Regulatory


Arricano Real Estate (LSE:ARO)
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TIDMARO

RNS Number : 7503V

Arricano Real Estate PLC

16 April 2021

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

1 6 April 2021

Arricano Real Estate Plc

(together with its subsidiaries "Arricano")

Amendment to the loan agreement

Arricano (AIM: ARO), a leading real estate developer and shopping mall operator in Ukraine, is pleased to announce the following update relating to its current loan facility with the TASCOMBANK JSC.

PrJSC "LIVOBEREZHZHIAINVEST", a subsidiary of Arricano, on 15 April 2021, entered into an amendment to the current USD 20.0 million loan agreement with TASCOMBANK JSC to decrease the interest rate from 11.25% to 8 .0 % per annum. The loan is repayable in July 2023.

Enquiries:

   Arricano Real Estate plc                                Tel: +357 25 582 535 

Ganna Chubotina

   Nominated Adviser and Broker:                  Tel: +44 (0)20 7220 1666 

WH Ireland Limited

Chris Fielding

   Financial PR:                                                 Tel: +44 (0)20 3151 7008 

Novella Communications Limited

Tim Robertson/ Fergus Young

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

AGRMZGMDGVDGMZM

(END) Dow Jones Newswires

April 16, 2021 07:00 ET (11:00 GMT)

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